Surrey Business News

$17M Com­mit­ment to New Sur­rey Quan­tum Com­put­ing In­sti­tute at SFU

- Business · Tech · Surrey · British Columbia · Simon Fraser University · Cascadia

The BC gov­ern­ment an­nounced that it will pro­mote Sur­rey as a se­cond Lower Main­land down­town and build an in­no­va­tion cor­ri­dor that will drive eco­nomic growth and job cre­ation into the Cas­ca­dia re­gion. BC is tak­ing the first step by es­tab­lish­ing a Quan­tum Al­go­rithms In­sti­tute at Si­mon Fraser Univer­sity’s

Sur­rey cam­pus.

“This an­nounce­ment means that Sur­rey will con­tinue to have an in­no­va­tion­based econ­omy,” said Anita Hu­ber­man, CEO, Sur­rey Board of Trade. “It will lead to op­por­tu­ni­ties for all Sur­rey busi­nesses, cross­bor­der part­ner­ships be­tween gov­ern­ments, com­pa­nies, and uni­ver­si­ties, as a boon to the high-tech, life sci­ences, clean tech, and data an­a­lyt­ics in­dus­tries. The new Quan­tum In­sti­tute will not only pro­duce highly skilled grad­u­ates de­manded by in­dus­try, it will also de­velop in­no­va­tive new tech­nolo­gies and spin off new com­pa­nies that could em­ploy thou­sands of peo­ple.”

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